A further £41m has been secured by the West Midlands Combined Authority (WMCA) to unlock new land for the delivery of hundreds of homes.
The money, which comes as part of a £350m Housing Deal agreed between the WMCA and government last year is hoped to ‘relieve pressure’ on the Green Belt by developing on derelict industrial sites.
The first housing development on brownfield land to be delivered under the scheme is said to be Cable Street and Steelhouse Lane in Wolverhampton, with further sites to follow across the region including locations in Walsall, Willenhall, and Coseley.
Andy Street, mayor of the West Midlands said: “Our region is leading a house building revolution in the UK, turning derelict land into vibrant, new communities.
“This latest £41m funding from government will enable us to continue to buy and clean-up derelict sites that would otherwise lie vacant.
“We can then sell the sites on, or develop them in partnership with house builders, making sure the new homes are affordable, well-designed and energy efficient.”
Cllr Mike Bird, WMCA portfolio lead for housing and land and leader of Walsall Council added: “The West Midlands has a vast amount of former industrial land crying out for redevelopment and we see this as an asset.
“By using it for new homes we can relieve pressure on the Green Belt and help protect our environment for future generations while providing them with a decent and affordable home.
“So, this latest payment should be seen as a ringing endorsement by government of our ‘brownfield first’ policy.”